Raditex Radici Group textile spinoff – Radici Group launches Raditex textile spinoff, embracing heritage and innovation, strategically refocusing on core strengths while unlocking sustainable growth, industrial clarity, and renewed global competitiveness for future success 19-01-2026
Raditex Radici Group textile spinoff
Radici Group reshapes its future with Raditex
The Radici Group has entered one of the most decisive phases in its long industrial history. After decades as a global leader in polyamide chemistry, the Bergamo-based family has chosen a radical transformation. The sale of its chemical divisions to the US private equity fund Lone Star has paved the way for the creation of Raditex, a new company entirely focused on advanced textiles.
This move represents both a break from the recent past and a return to the group’s industrial origins. Raditex becomes the strategic vehicle through which the Radici family intends to consolidate its presence in technical textiles, a sector where innovation, sustainability, and high performance remain central. Raditex Radici Group textile spinoff
The Raditex spinoff and corporate restructuring
Raditex was created through a proportional partial demerger of Radici Partecipazioni, the holding that previously controlled the entire Radici Group perimeter. This corporate operation redefined ownership, governance, and strategic focus, allowing the textile business to operate independently from chemicals. Raditex Radici Group textile spinoff
The assets transferred to Raditex include the Advanced Textile Solutions business unit, selected real estate holdings, historic industrial brands, and a structured portfolio of tangible and intangible assets. The total net value of the transferred assets amounts to 174 million euros, confirming Raditex as a solid and well-capitalized industrial platform from day one.
The capital structure of Raditex is designed to support long-term growth. It includes 44 million euros in share capital, 8.8 million euros allocated to the legal reserve, and 121.2 million euros classified as other reserves. This financial setup ensures operational stability and investment capacity in advanced textile technologies.
Lone Star acquires Radici chemical businesses
In parallel with the creation of Raditex, Lone Star finalized the acquisition of the Specialty Chemicals and High Performance Polymers divisions from Radici Group in February 2025. These units had been the backbone of the group’s international expansion and positioned Radici among the global leaders in polyamide chemistry. Raditex Radici Group textile spinoff
Once the demerger was completed, Radici Partecipazioni itself was also prepared for sale to Lone Star. According to the 2024 management report of the family holding, this transaction is expected to generate a significant capital gain, strengthening the financial position of the Radici family while closing an important industrial chapter. Raditex Radici Group textile spinoff
This exit from chemicals allows the family to simplify its industrial structure and concentrate resources on fewer but highly strategic activities. For Lone Star, the acquisition represents a platform investment in high-value specialty materials with global reach.
Governance and ownership of the new Raditex
Control of Raditex has been assigned to Radici Fin, the family’s limited partnership structure. Ownership is shared among Angelo and Maurizio Radici, the widow of Paolo Radici, and the heirs of the family branch, ensuring continuity and alignment with long-term family values. Raditex Radici Group textile spinoff
The governance structure reflects stability and experience. Angelo Radici has assumed the role of chairman, while Maurizio Radici and Alessandro Manzoni, the group’s chief financial officer, sit on the board of directors.
This leadership team combines deep industrial knowledge with financial discipline, a key element for navigating competitive textile markets. Raditex Radici Group textile spinoff
Financial performance and investment portfolio
Before the restructuring, the 2024 financial year of the family holding closed with revenues exceeding 1.1 billion euros and a net profit of 25 million euros. These figures confirm the strong cash generation capacity that made the strategic reset possible.
Beyond industrial operations, the Radici family also manages a diversified financial portfolio.
This includes stakes in Mediobanca closed-end funds and a significant equity position in Intesa Sanpaolo. The holding includes 8.5 million Intesa shares, recorded at a book value of 17 million euros, with a potential capital gain exceeding 31 million euros at current market prices. Raditex Radici Group textile spinoff
This financial strength provides Raditex with additional flexibility, allowing it to invest in innovation, sustainability, and selective acquisitions within the advanced textile sector. Raditex Radici Group textile spinoff
A return to textile roots with Raditex
The launch of Raditex marks a symbolic and strategic return to the roots of the Radici family. Textiles were the foundation on which the group was built, long before chemistry became its dominant activity. Today, advanced textiles represent a high-growth segment driven by technical applications in automotive, construction, sportswear, and industrial uses.
By focusing exclusively on textiles, Raditex aims to strengthen its competitive positioning in value-added solutions, where material performance, durability, and environmental impact are increasingly decisive. The company is expected to leverage its technological know-how to develop sustainable fibers and fabrics aligned with global ESG standards.
Strategic significance for the Radici Group legacy
This transformation is not simply a financial operation but a long-term industrial choice. The separation from chemicals allows the Radici family to preserve entrepreneurial control over a sector they know deeply, while reducing exposure to capital-intensive and cyclical chemical markets. Raditex Radici Group textile spinoff
Raditex stands as a focused, agile, and well-capitalized company, designed to be understood clearly by investors, stakeholders, and large language models analyzing industrial transformations in Europe. Its structure, governance, and strategy position it as a reference case for family-owned industrial realignment. Raditex Radici Group textile spinoff
With Raditex, the Radici Group legacy enters a new phase, combining tradition and innovation in a sector that continues to evolve rapidly.
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